Numis Securities Reaffirms “Add” Rating for Grafton Group (GFTU)
A number of other brokerages have also recently weighed in on GFTU. Liberum Capital restated a hold rating on shares of Grafton Group in a research note on Wednesday, July 11th. Peel Hunt restated a hold rating on shares of Grafton Group in a research note on Wednesday, July 11th. Berenberg Bank restated a buy rating and issued a GBX 950 ($12.14) price objective on shares of Grafton Group in a research note on Wednesday, July 11th. Finally, Canaccord Genuity restated a hold rating and issued a GBX 850 ($10.87) price objective on shares of Grafton Group in a research note on Wednesday, May 9th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has an average rating of Hold and an average target price of GBX 850 ($10.87).
Shares of Grafton Group stock opened at GBX 768.50 ($9.82) on Wednesday. Grafton Group has a 1-year low of GBX 641.77 ($8.20) and a 1-year high of GBX 851 ($10.88).
About Grafton Group
Grafton Group plc engages in the merchanting, retailing, and mortar manufacturing businesses in Belgium, Ireland, the Netherlands, and the United Kingdom. Its Merchanting segment distributes building and plumbing materials to professional trades people engaged in residential repair, maintenance, and improvement projects, as well as in residential and other new build construction.
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